International Regulations/Uniform Rules for Collections: Difference between revisions
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The Uniform Rules of Collections are the international standards of draft collection practices established for bankers by the International Chamber of Commerce. The Uniform Rules are not law but are more properly viewed as a handbook for banks used to establish common understanding of terminology and expectations. | The Uniform Rules of Collections are the international standards of draft collection practices established for bankers by the International Chamber of Commerce. The Uniform Rules are not law but are more properly viewed as a handbook for banks used to establish common understanding of terminology and expectations. | ||
Latest revision as of 20:18, 12 August 2009
The Uniform Rules of Collections are the international standards of draft collection practices established for bankers by the International Chamber of Commerce. The Uniform Rules are not law but are more properly viewed as a handbook for banks used to establish common understanding of terminology and expectations.